Business Impacts

  • KPMG Australia Acquires BHR Consultancy

    August 04, 2015

    As pressure rises from the UN and activists on financial and other companies to implement the global business and human rights ("BHR") agenda, accounting group KPMG Australia has purchased BHR and "social impact" consultancy Banarra in order to help advise its customers on human rights and social risks.

  • US Companies Announce Investments in UN Climate Agenda

    July 29, 2015

    As pressure from environmental activists, international organizations, and the US government for business implementation of the UN climate change agenda ramps up, a group of US companies has joined a pledge produced by the US State Department committing financial and operational support for reducing greenhouse gas emissions.

  • Consulting Firm Pushes Fossil Fuel Divestment Agenda

    July 28, 2015

    The global consulting firm Mercer has joined environmental activists and UN officials in a report warning that investors in companies and assets that are reliant on fossil fuels are taking on large risks as governments and international organizations ramp up efforts to take on climate change.

  • Unilever Issues First Report under BHR Framework

    July 13, 2015

    Consumer goods corporation Unilever has become the first company to issue a detailed report under the UN Guiding Principles Reporting Framework, a process of reporting on implementation of the UN business and human rights ("BHR") agenda developed by the nongovernmental organization Shift and the consultancy Mazars.

  • IKEA, UN Agency Push for Supply Chain Scrutiny

    June 12, 2015

    In a long-term plan under which companies would be pressured to accept responsibility for the "sustainability" of their forest supply chains, the UN Food and Agriculture Organization and furniture retailer IKEA have announced an initiative in which they will explore funding for forest "certification" schemes.

  • Norway Pursues UN Coal Divestment Campaign

    June 10, 2015

    The Guardian reports that the Norwegian Parliament has endorsed legislation that seeks to implement the UN's and activists' fossil fuel divestment agenda by removing investments from coal projects around the world, affecting at least 122 companies.

  • US Oil and Gas Companies Steer Clear of Climate Coalition

    June 10, 2015

    US oil and gas companies Chevron and Exxon have announced that they will not join a coalition of their counterparts in Europe calling for a tax on carbon emissions because they wish to maintain control of their message in UN negotiations on climate change.

  • Academic Highlights Influence of NGOs on Businesses

    June 03, 2015

    Professor Menno Kamminga illustrates how nongovernmental organizations ("NGOs") are placing pressure on companies to accept the UN business and human rights ("BHR") agenda, arguing that businesses that do not respond to NGO human rights reports are not taking their BHR obligations seriously.

  • UN Summit Pushes Climate Policy Among Businesses

    May 28, 2015

    At a recent UN Business and Climate Summit hosted by the UN Educational, Scientific, and Cultural Organization ("UNESCO") in Paris, speakers called for businesses to align their operations with the UN climate change agenda and for governments around the world to place a tax on carbon emissions.

  • Bank of America Accepts NGO Calls to Cut Coal Investments

    May 21, 2015

    The Guardian reports that, under pressure from a group of environmental organizations, Bank of America has announced a plan to reduce its exposure to coal extraction projects in a recently published policy statement.

Total Records: 232
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